Post by account_disabled on Jan 1, 2024 23:48:26 GMT -6
EGAT board scheduled to discuss on 28 Oct. Adjust EGAT's structure to be flexible and support future business. IMG_20191024_151026-768x528 The Electricity Generating Authority of Thailand (EGAT) board met on 28 Oct. 2019 to adjust the organizational structure. Make work more flexible By hastening the establishment of a new company to support the foreign electricity trading business. Ready to consider and review the cooperation plan with PTT to be more clear. While accelerating the construction of a new Surat Thani power plant using natural gas as fuel. According to the Energy Minister's policy, this will be faster for another 2 years. Mr. Kulit Sombatsiri, Permanent Secretary, Ministry of Energy As Chairman of the Committee (Board) of the Electricity Generating Authority of Thailand (EGAT), he revealed that on October 28, 2019, the EGAT Board will consider restructuring the organization so that EGAT can Operate more flexibly Especially regarding the establishment of a new company.
The business of buying and selling electricity (trading) with foreign Country Email List countries, including Myanmar, Lao PDR, and Cambodia, because it can proceed immediately without having to wait for amendments to the EGAT Act. For the liquefied natural gas (LNG) trading business It is necessary to wait for the EGAT law to be amended because currently EGAT is only required to use LNG in EGAT's power plants. Currently, we still have to wait for the results of EGAT's LNG auction in the spot market format. According to the resolution of the Energy Policy Administration Committee (EEP) on 21 October 2019, which resolved to have EGAT procure 2 ships of imported LNG, 65,000 tons per ship, the first ship will be imported in December.
2019 and the second one in April 2020, with testing of the system for promoting competition in the natural gas industry (TPA) to be completed within December. This 2019 In addition, at the end of 2019, the price of LNG is still not expensive, but will increase during January-March 2020. Because it's entering the winter period in Europe. This causes the demand for LNG to increase. The opening of the auction is expected to bring a good price of LNG. As for the case of negotiating a settlement on importing LNG not exceeding 1.5 million tons per year, the auction is opened by EGAT and Pito Company. Ranas LNG Company Limited has been selected. This matter is in progress. There is no conclusion yet. Government procurement laws must also be considered. EGAT is the recipient of the policy and implements it in accordance with relevant regulations and laws.
The business of buying and selling electricity (trading) with foreign Country Email List countries, including Myanmar, Lao PDR, and Cambodia, because it can proceed immediately without having to wait for amendments to the EGAT Act. For the liquefied natural gas (LNG) trading business It is necessary to wait for the EGAT law to be amended because currently EGAT is only required to use LNG in EGAT's power plants. Currently, we still have to wait for the results of EGAT's LNG auction in the spot market format. According to the resolution of the Energy Policy Administration Committee (EEP) on 21 October 2019, which resolved to have EGAT procure 2 ships of imported LNG, 65,000 tons per ship, the first ship will be imported in December.
2019 and the second one in April 2020, with testing of the system for promoting competition in the natural gas industry (TPA) to be completed within December. This 2019 In addition, at the end of 2019, the price of LNG is still not expensive, but will increase during January-March 2020. Because it's entering the winter period in Europe. This causes the demand for LNG to increase. The opening of the auction is expected to bring a good price of LNG. As for the case of negotiating a settlement on importing LNG not exceeding 1.5 million tons per year, the auction is opened by EGAT and Pito Company. Ranas LNG Company Limited has been selected. This matter is in progress. There is no conclusion yet. Government procurement laws must also be considered. EGAT is the recipient of the policy and implements it in accordance with relevant regulations and laws.